tomas

@tomas

However, with a US LLC you have the uncertainty about taxation, and as of 2017 you have to file the 5472 form in any case, giving the IRS your info with the increased risk that they will look into the company.

I recently got confirmation from a CPA that this form has to be filled also for distributions, flow through income to the owner, and not…[Read more]

I wouldn’t keep a lot of cash there, but I’m just saying that is a risk, and one reason that some people will open offshore brokerage accounts
Maybe you sold all your stock for some reason and then died while the cash is in the account.

Ok, let my try to get it right:
Etfs like vxus contains only non us stocks, but the fund is us domiciled, and will trigger us withholding taxes. So better options are etfs domiciled in other countries, which is not so easily available to buy through us brokers.
Also about the estate taxes, I believe that cash that you might have in a us brokerage…[Read more]

What do you think of the new requirement to file form 5472? At least if you have a structure with several companies it will be hard to avoid any related party transactions. If this is the company then I guess it can be avoided, if you personally don’t borrow to or from the company or sell other services to the company.

Surprised to see that you think it will ring alarm bells to not have an accountant. Also it should depends a lot of how complicated the bookkeeping are. If you have one source of affiliate income then it should be very simple. The amount you profit shouldn’t really matter ?